Business
The European Parliament has been Zuckerberg's question about the data breach
The European Union's General Data Protection Regulation (GDPR) goes in effect on May 25. Most of the questions at committee revolved around the Cambridge Analytica scandal, fake news on the platform and the possibility of a Canadian election being undermined by foreign actors.
Business
P&G buys Merck KGaA's consumer health unit for $4.2bn
GSK had been left as sole bidder for the Pfizer unit, valued at around $15-20 billion after Reckitt Benckiser chose to pull out. The purchase price for Merck's business suggests that the German company climbed down from price demands of as much as 4 billion euros, which sources told Reuters had deterred initial suitors such as Nestle, Perrigo and Stada owners Bain and Cinven.
Business
Armstrong settles $100 mn US Postal Service lawsuit in doping scandal
US rider Lance Armstrong (US Postal/USA) celebrate as he crosses the finish line and wins the 17th stage of the 91st Tour de France cycling race between Bourg-d'Oisans and Le Grand Bornand. He admitted that he'd used PEDs as a part of the group and filed his criticism below the False Claims Act - in any other case generally known as the whistleblower regulation, which permits personal residents to file lawsuits on behalf of the federal government in the event that they know the federal ...
Business
New York's 'Fearless Girl' Statue Is Moving To New Location
Deputy Mayor Alicia Glen said that moving Fearless Girl to the NYSE is a ideal, permanent home, that maintains the integrity of the original intention behind the powerful global symbol of female can-do business spirit. So for now, Fearless Girl will stand without the Charging Bull she was created to stare down. Lori Heinel, deputy global chief investment officer for State Street Global Advisors , told CNN's Maggie Lake on Thursday that her company has been working with the city for a ...
Business
WoodTrust Financial Corp Takes Position in General Electric (GE)
About 1.63M shares traded. El Paso Electric Company (NYSE:EE) has risen 0.91% since April 19, 2017 and is uptrending. It has underperformed by 65.90% the S&P500. The stock of General Electric Company (NYSE:GE) has "Hold" rating given on Monday, June 12 by Cowen & Co. This value (ranging from 0-100%) shows where the stock price closed relative to the price range over the specified period.
Business
Herberger's store closing sales start Friday
Herberger's is the second staple in the Viking Plaza Mall to close. Bon-Ton had been working with US mall owners Namdar Realty Group and Washington Prime Group Inc., Reuters reported, in a hope to secure a bid that would have kept many of Bon-Ton's stores open.